The Federal Reserve is getting into position to move the goal posts. True, it doesn’t plan to shift them dramatically, but it does seem likely to do so modestly
Inflation is heating up, with the Consumer and Producer Price Indexes surging by 0.6% and 0.8%, respectively, in May. Worse still, prices were up 5.0% and 6.6%
Inflation is a hot topic on Wall Street these days, with key economic reports showing notable increases in pricing pressures. Specifically, the price index for
Inflation is becoming a concern for Wall Street, with April data on producer (wholesale) and consumer prices proving unsettling. Specifically, the Producer
There’s plenty of good news to go around, with one release after another pointing to increasing levels of business activity. Leading the way as April closed out
It has been an unprecedented 12 months. True, 2020 started out routinely enough with just an orderly deceleration in business activity during the winter. But a
Some good news is starting to trickle in on the economy. Specifically, recent weeks have seen a pickup in vehicle demand, further uneven improvement in
The economy is facing some challenges. Specifically, after last year’s stellar third quarter, in which GDP surged 33.4%, growth slowed to 4.0% in the final
President Biden faces daunting challenges as he begins his term. First, there is the need to address the sharp divisions that weigh on our country, spotlighted
The stock market remains on a
Stepped-up volatility has become the order of the day on Wall Street, something that had not been the case for much of this year. Indeed, stocks had risen
The economy is stumbling out of the gate this year, with the painful government shutdown, a sudden drop in existing home sales, and a marked downturn in
